Richest 1% Now Wealthier Than the Rest of the World, Oxfam Says

  • 62 people have same wealth as 3.5 billion, says charity
  • Oxfam urges crackdown on tax havens to reduce inequality

Protesters with the 'Occupy Wall Street' movement demonstrate. The richest 1 percent is now wealthier than the rest of humanity combined, according to Oxfam.

Photographer: Spencer Platt/Getty Images

The richest 1 percent is now wealthier than the rest of humanity combined, according to Oxfam, which called on governments to intensify efforts to reduce such inequality.

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